HDC - Hudaco Industries Limited - Acquisition of Filter and Hose Solutions (Pty)
HDC
HDC
HDC - Hudaco Industries Limited - Acquisition of Filter and Hose Solutions (Pty)
Limited - fulfillment of conditions precedent
Hudaco Industries Limited
("Hudaco" or "the company")
Incorporated in the Republic of South Africa
Registration number: 1985/004617/06
Share code: HDC
ISIN code: ZAE000003273
ACQUISITION OF FILTER AND HOSE SOLUTIONS (PTY) LIMITED - FULFILLMENT OF
CONDITIONS PRECEDENT
Shareholders are referred to the announcement released on SENS on 23 June 2010
wherein Hudaco announced the acquisition of Filter and Hose Solutions (Pty)
Limited ("FHS") ("the transaction") subject to the following suspensive
conditions:
approval of the transaction by the relevant Competition Authorities;
the satisfactory due diligence of the business of FHS;
consent by the major suppliers of FHS to continue their supply arrangements; and
the transfer of the lease over FHS`s property in Boksburg.
Shareholders are advised that all of the suspensive conditions have been met.
10 September 2010
Sponsor: Nedbank Capital
R Wolmarans
GROUP SECRETARY
Date: 10/09/2010 09:51:01 Produced by the JSE SENS Department.
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